Keynes's liquidity preference theory indicates that the demand for money is ________ related to ________
A) negatively; interest rates
B) positively; interest rates
C) negatively; income
D) negatively; wealth
A
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What will happen to the annual rate of growth of per capita real GDP if real GDP grows at a constant rate of 4.5 percent and the annual rate of population growth goes from 3 percent to 3.5 percent?
A) The annual rate of growth of per capita real GDP will increase from 7.5 percent to 8 percent. B) The annual rate of growth of per capita real GDP will increase from -1.5 percent to -1 percent. C) The annual rate of growth of per capita real GDP will remain unchanged. D) The annual rate of growth of per capita real GDP will decrease from 1.5 percent to 1 percent.
A firm chooses vertical integration to reduce all of the following costs, EXCEPT:
a. the cost of investing in diversified assets. b. the cost of finding a trading partner. c. the cost of devising and enforcing an agreement. d. the cost of evaluating the other party's performance.
In a prisoner's dilemma, the Nash Equilibrium might not have a dominant strategy for either player
a. True b. False Indicate whether the statement is true or false
How can the money supply impact interest rates and investment?
a. M? ? i? ?I??AD??Y? b. M? ? i? ?I??AD??Y? c. M? ? i? ?I??AD??Y? d. M? ? i? ?I??AD??Y?